Natixis confirms Soler exposure, says is hedged

PARIS – French bank Natixis confirmed it had a 266 million-euro ($344.07 million) loan exposure to two Spanish investment firms that own 31 percent of French property company Gecina but said any losses from the firms' bankruptcy would be minimal.

"This doesn't present any risk to Natixis, it's a deal that's mostly hedged," a Natixis spokeswoman said on Wednesday.